This website requires the use of Javascript to function correctly. Performance and usage will suffer if it remains disabled.
1 in 5 Americans Have More Credit Card Debt than Savings

Real Truth logo

World News Desk

1 in 5 Americans Have More Credit Card Debt than Savings

Learn the why behind the headlines.

Subscribe to the Real Truth for FREE news and analysis.

Subscribe Now

About 20 percent of Americans reported that their credit card debt is greater than their savings, a report from the personal finance company Bankrate found.

In addition, the survey reported that 12 percent of U.S. citizens who have no credit card debt also have no savings.

According to MarketWatch, “Financial experts typically recommend that all consumers have three to six months’ worth of expenses saved in an easy-to-access emergency fund, to guard against any unexpected expenses.”

“Saving is all about establishing a habit,” chief financial analyst at Bankrate, Greg McBride, told the financial news outlet.

FREE Email Subscription (sent weekly)

Contact Information This information is required.

Comments or Questions? – Receive a Personal Response! Field below is optional.


Your privacy is important to us. The email address above will be used for correspondence and free offers from The Restored Church of God. We will not sell, rent or give your personal information to any outside company or organization.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Latest News

View All Articles View All World News Desk